Vietnamese people spent 4.57 trillion VND in the first nine months of the year.

(Dan Tri Newspaper) - Retail sales of goods alone in the first nine months reached over 3.57 trillion VND, an increase of 8.4%. The increase in Hanoi and Ho Chi Minh City was 4.8% and 3.9% respectively compared to the same period last year.

According to the General Statistics Office, commercial activity in September was more vibrant than the previous month due to the September 2nd holiday and the start of the new school year for students.

Specifically, total retail sales of goods and consumer service revenue in September were estimated at VND 524,600 billion, an increase of 2.4% compared to the previous month and a 7.5% increase compared to the same period last year, thanks to the relatively high demand for essential goods such as food, cultural and educational items for the new school year, and the continued positive trend in accommodation, food services, and travel .

In the third quarter of 2023, total retail sales of goods and consumer service revenue were estimated at VND 1.55 trillion, an increase of 1.9% compared to the previous quarter and an increase of 7.3% compared to the same period last year.

Total retail sales of goods and consumer service revenue for the first nine months of the years 2019-2023 (Source: GSO).

Overall, in the first nine months, total retail sales of goods and consumer service revenue at current prices are estimated at nearly 4.57 trillion VND, an increase of 9.7% compared to the same period last year (20.9% increase in the same period of 2022), or 7.3% if excluding price factors (16.6% increase in the same period of 2022).

Specifically, retail sales of goods in the first nine months are estimated at over 3.57 trillion VND, an increase of 8.4% compared to the same period last year (excluding price increases of 7%). Cultural and educational items increased by 12.8%; food and beverages increased by 11.4%; clothing increased by 7.8%; household goods, tools, and equipment increased by 4.9%; while transportation (excluding cars) decreased by 1.6%.

Retail sales of goods in the first nine months of the year increased by 11.9% in some localities such as Hai Phong; 10.9% in Quang Ninh; 9.9% in Dong Nai; 9% in Binh Duong; 8.7% in Khanh Hoa; and 8.2% in Can Tho. Meanwhile, this figure only increased by 5.2% in Da Nang; 4.8% in Hanoi; and 3.9% in Ho Chi Minh City.

Revenue from accommodation and food services in the first nine months is estimated at VND 500,100 billion, an increase of 16% compared to the same period last year. Revenue in some localities increased by 24.6% in Ho Chi Minh City, 24.5% in Da Nang, and 22.5% in Quang Ninh. The increase was 13.8% in Hai Phong, 11.9% in Ha Nam, and 10.5% in Hanoi.

Tourism revenue for the first nine months is estimated at 26,500 billion VND, a 47.7% increase compared to the same period last year. This is due to the high demand for travel after a long period affected by the Covid-19 pandemic, and the fact that localities have actively implemented many activities to stimulate tourism since the beginning of the year. Revenue in Da Nang increased sharply by 139.9%; Quang Ninh by 98.8%; Ho Chi Minh City by 91.3%; Hanoi by 67.4%; Hai Phong by 50.9%; and Can Tho by 39.6%.

Revenue from other services in the first nine months is estimated at VND 469,100 billion, an increase of 11.5% compared to the same period last year. Specifically, while Lao Cai increased by 22.9%; Da Nang by 15.7%; Phu Yen by 14.7%; Quang Ninh by 13.9%; Tien Giang by 12.3%; Can Tho by 9%; Hanoi by 8.7%; Hai Phong by 6%; Ha Giang by 2.9%; and Quang Nam by 1.4%, Ho Chi Minh City decreased by 0.9%; and Hoa Binh decreased by 6.2%.

Dantri.com.vn